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10:56 AM 25/05/2012 Sell USDINR MAY AT 55.7350-7500 SL above 55.8875 FOR TGTS 55.5650-4850 rmoneyguru.blogspot.com...
Source:FirstPost - Despite a slew of rescue efforts initiated by the RBI, the latest one being the that it will buy government bonds worth Rs 12,000 crore, it failed to arrest the weakened currency, which has once again breached the 56- mark and is currently trading at 56.12 against the US dollar. With India’s ...
Rupee recovers to 55.85, did RBI intervene again?
पोस्ट करनेवाले :
FirstpostSource:FirstPost - The rupee rose sharply from an earlier record low of 56.40 to trade at 55.95/96 in late afternoon. Some traders speculate the Reserve Bank of India (RBI) likely intervened sporadically in the market by selling dollars through state-run banks. The BSE Sensex gained 1.7 percent in trade. AFP The cent...
Petrol hike doesn’t help: rupee at new low of 56.36
पोस्ट करनेवाले : FirstpostSource:FirstPost - The rupee hit a new record low again and touched 56.36 against the American dollar, in early trade today as a sharp increase in petrol prices failed to lift investor sentiment even as it fueled expectations New Delhi might soon take the more politically fraught step of raising diesel prices. AFP De...
Rupee hits record low; Govt may lift diesel price
पोस्ट करनेवाले : Web MessengerSource:VC Circle - BY Reuters High global energy prices and a declining rupee, meanwhile, exacerbate the current account deficit in a country that imports 80 percent of its oil. The rupee hit a fresh low on Thursday as a sharp increase in petrol prices failed to lift ...
Rupee movement function of external situation: Subbarao
पोस्ट करनेवाले : Web MessengerSource:NDTV Profit - D. Subbarao, the Governor of the Reserve Bank of India, on Thursday said the movement of the rupee is a function of the external situation and said the apex bank is not considering issuing sovereign bonds at this time. However, he cautioned that the ...
Source:Economic Times - MUMBAI: After hitting a record low of Rs 56.38 against the US dollar during the day, the rupee recovered 14 paise from yesterday`s closing level of 56 in the late afternoon trade. It strengthened to trade at 55.86 against the American currency on the Interbank Foreign Exchange market in pre-close t...
Falling rupee makes foreign funds` realty exits tough
पोस्ट करनेवाले : Web MessengerSource:Economic Times - MUMBAI: The falling rupee is posing challenges for the exit of offshore private equity investors from the Indian realty market. Foreign funds, which started investing in Indian realty in 2005 when the sector was opened to foreign direct investment (FDI), will get significantly low returns if they d...
Rupee fall due to external factors, will intervene if needed: D Subbarao, RBI Governer
पोस्ट करनेवाले : Web MessengerSource:Economic Times - NEW DELHI: In an attempt to soothe investors and reduce concerns over the rupee fall, RBI governer D Subbarao has said that the RBI may intervene to arrest the volatilty in the rupee, if needed. Subbarao has also reiterated that the fall in rupee is mainly due to the external factors than internal ...
Rupee recovers, ends at 55.65 after hitting new record low of 56.40
पोस्ट करनेवाले : Web MessengerSource:Economic Times - MUMBAI: The rupee posted its first gain against the dollar in four sessions on Thursday, recovering from a new record low earlier in the session, after the central bank governor did not rule out selling dollars directly to oil importers. Making dollars available for oil companies would remove a siz...
